Carroll Rogers of the Atlanta Journal-Constitution reported the latest on Floyd's condition:

Braves right-hander Gavin Floyd is scheduled to undergo surgery Wednesday morning for a fractured right elbow, according to a person familiar with the situation.

(...)

Floyd will miss a significant amount of time in his recovery, possibly the rest of the season, but a timetable has not been laid out, given the unusual nature of this kind of injury, and will depend on how rapidly his bone heals.

Updates from Friday, June 20

The Braves made things official for Floyd on Friday:

RHP Gavin Floyd (fractured elbow) has been placed on the 15-day DL and LHP Ryan Buchter (#60) has been recalled from Gwinnett.

The injury is in the same elbow that Floyd recently had repaired with Tommy John surgery, but Braves manager Fredi Gonzalez told The Associated Press, via ESPN.com, the injuries aren't related.

Still, the outlook isn't encouraging. Jeff Passan of Yahoo Sports drew a parallel to Joel Zumaya, whose career was ended by the injury, while Bleacher Report's Will Carroll doesn't expect to see Floyd back this season:

Gavin Floyd with a fractured olecranon. Last pitcher I remember fracturing that bone, the little tip of the elbow, was Joel Zumaya. Rough.

It's a brutal blow for both the Braves and Floyd, who had been pitching so well.

After tossing six scoreless innings against the Washington Nationals before suffering the injury, Floyd's ERA and WHIP sat at 2.65 and 1.25, respectively, after nine starts.

"I felt like I was getting better and better, so it's definitely disappointing," Floyd said. "Definitely not what I envisioned to happen. I haven't had any pain since the surgery."

Despite how good he's been, the Braves should be able to tread water. They are just 0.5 games behind the Nats in a crowded NL East and fortunately boast impressive depth in the starting rotation, even after losing both Kris Medlen and Brandon Beachy to Tommy John surgery.

Julio Teheran, Aaron Harang, Ervin Santana and Mike Minor make up a strong quartet, while Alex Wood should take Floyd's spot in the rotation.